pages: RentReviewAdvisoryCommittee/2016-10-03.pdf, 2
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RentReviewAdvisoryCommittee | 2016-10-03 | 2 | Approved Minutes October 3, 2016 No review. Prior to the RRAC meeting, the tenant and landlord agreed to a rent increase between 0-5%. 7-D. Case 525 - 909 Shorepoint Ct #D325 No review. Prior to the RRAC meeting, the tenant and landlord agreed to a rent increase between 0-5%. 7-E. Case 528 - 941 Shorepoint Ct. #F225 No review. Prior to the RRAC meeting, the landlord and some, but not all, of the tenants agreed to a rent increase between 0-5%. The landlord attended the meeting, however, the tenant who had not yet signed an agreement was not in attendance. Hence, the Committee took no action and both options on the rent increase notice are valid. 7-F. Case 529 - 941 Shorepoint Ct #F313 No review. Prior to the RRAC meeting, the tenant and landlord agreed to a rent increase between 0-5%. 7-A. Case 499 - 1429 Bay Street #A Tenant/public speaker: Ryan B. Fanene Landlord/public speaker: Daniel Barber Proposed rent increase: $307 (15%), effective date delayed until RRAC review Mr. Fanene explained that the rent increase review was postponed one month due to personal health circumstances. He stated that he pays separate additional bills for utilities and this rent increase would be a financial hardship because his income increases around 2 - 3% annually. Therefore, at most he would be able to pay an increase between 5 - 6%. Mr. Barber clarified that he pays for exterior lights, gas, and water for all the units and the tenant pays for the unit's electricity and gas. He stated that he is nervous about not being able to increase the rent under future City regulations. Moreover, he is near retirement and will be relying more directly on the income. Additionally, he is anticipating costly repairs because the building is aging. He also noted that the current rent is below market value. Member Schrader noted the unit has 3-bedrooms and two occupants. Schrader asked about the possibility of adding another tenant to the unit to share rent costs. Mr. Barber responded that he would want to raise rent if there are more tenants. A representative from ECHO Housing explained there are fair housing guidelines around occupancy standards. Mr. Fanene explained that he is open to finding another tenant to share costs. Regardless if Page 2 of 5 | RentReviewAdvisoryCommittee/2016-10-03.pdf |